Gift Money Limit 2024 Uk

Gift Money Limit 2024 Uk. There’s no upper or lower monetary limit on the amount of a gift that can qualify for gift aid provided you’ve paid enough tax to cover the amount that is payable. Each tax year you get what’s called an ‘annual exemption’, which allows you to give £3,000 as a gift, tax free, without it being added to.

This means you can give up to $18,000 to as many people as you want in 2024 without. Here’s a quick glance at the key considerations: